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Canadian Dollar Flirting With Parity

09/21/07

  05:08:06 pm, by Nimble   , 97 words  
Categories: Announcements [A]

Canadian Dollar Flirting With Parity

I never thought I'd see this in my lifetime. The Canadian dollar is so close to the U.S. dollar. It has actually traded just above the U.S. dollar during the day. From Reuters:

After pushing through the key 1-for-1 level on Thursday for the first time in more than three decades, the Canadian currency hit US$1.0061 overnight, but gave up those gains as the greenback rebounded from record lows against the euro.

Now if they could just change those dang US/Canadian book prices on the backs of book jackets, it would be even better ;)

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